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The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Federal Home Loan Bank of Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a cooperative, we are owned by more than 420 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that helps our members succeed, provide families with safe, decent affordable housing, and generate economic development that creates jobs in communities throughout our region. Our highly skilled team of 200 is diverse, innovative, collaborative, and passionate about the work we do. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, robust benefits, and a work-life balance. Internship Summary The intern will work within the Member Services department to support the MPF Program. This program allows our members to provide competitive mortgage products to their communities and sell those residential mortgage loans to the Bank (the investor) to generate liquidity. The intern will learn about the wholesale side of the mortgage market and will work closely with Bank colleagues and the member financial institution to ensure that the program requirements are met, including reconciling loan and payment data. At the end of this internship, the Intern will have been exposed to various aspects of the mortgage product lifecycle from the perspective of both the primary and secondary markets, including origination, selling, and servicing mortgage loans. This paid internship will be part of our 2025 summer internship cohort, running from May to August.
